While investors eagerly await lower interest rates when the FOMC meets on March 17-18, the leading monetary policy rules ...
It is widely believed that a recession can be avoided when inflation expectations remain anchored to the inflation target under a rule-based monetary policy ...
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...
This paper presents a new dataset of monetary policy shocks for 21 advanced economies and 8 emerging markets from 2000-2022. We use daily changes in interest rate swap rates around central bank ...
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